cefi

We are entering a seismic shift to the wild west of crypto finance. DeFi lending platforms are disrupting this sector at a remarkable pace, directly competing with and often overtaking traditional CeFi (Centralized Finance) institutions. MetaBlock X explores the factors driving this revolution, comparing the advantages of DeFi's transparency and...

In lending, decentralized finance (DeFi) lending platforms have overtaken decentralized finance (CeFi) platforms. By end of 2024, DeFi platforms will have at least 2x more in outstanding loans versus CeFi. In the Q4, open borrows on all DeFi protocols jumped to $19.1 billion. This remarkable number eclipsed the $11 billion...